The US rare coin market remains strong and is a “movable” asset class as is the case with ancient coins. A rare US $4 dollar “Coiled Hair Stella” gold coin from 1880 was auctioned at Bonhams in Los Angeles on Monday, bringing  $2.5 million, or $1 million more than expected. The coin contains six grams […]

Democratic Senator leader Harry Reid told the press that “Republicans obsessed with defunding health care reform are pushing us closer and closer to a government shutdown that would tank the economy.” A shutdown will not “tank” the economy. Nevertheless, politicians worldwide are ignorant that they are the major threat to the world economy. This socialistic agenda […]

The tragic saga of Europe is that Merkel’s victory means no change for Europe. The September elections may have surprisingly given Merkel’s party a near majority, but the likelihood of any real reform in Europe is now zero. We will see the slow and gradual decline and that is a sad state of affairs. There […]

The National Credit Union Administration (NCUA) filed a complaint against Morgan Stanley and Morgan Stanley Capital I Inc, Barclays, JPMorgan Chase & Co’s unit Bear Stearns, Credit Suisse Group, Royal Bank of Scotland Group and UBS sold faulty securities to Southwest and Members United corporate credit unions. Goldman Sachs Group Inc, Wachovia Corp, a unit of Wells […]

QUESTION: Martin, The thing that gets me is when so-called precious metal “experts” say such thing as the silver inventory is very depleted at the COMEX or the gold inventory is very depleted and someone can come in and purchase up all the remaining  inventory and then you have a default. come on , really, the seeds they sow. […]

Some readers have asked questions in regard to the popular conspiracy stuff about various notorious groups and why I disagree with such CONSPIRACY theories. My point is this. IF THEY WERE truly in control, they would NEVER have cared about me. When there is a crisis, I am the one that gets called in. WHY? […]

Merkel’s victory was really a signal that the Euro Crisis will not be over and that if anything the current direction of Europe will merely pick up speed downhill. The positive thing for the euro is that perhaps we can now go into hyper-drive to get this Sovereign Debt Crisis in the open. The likelihood of […]

I have been warning that U.S. Foreign Account Tax Compliance Act is fundamentally destroying the world economy and is shrinking the US ability to expand business internationally. This is becoming wider known as people are just now starting to report the impact. Next year it will turn really bad all because politicians are broke and will […]

Forbes has revealed a study that was published in the Financial Analysts Journal, which examines six different explanations for why gold prices rise and fall. The conclusion is that the assumptions of most investors sold to them by hard-money advocate just do not correlate to the historical data. Gold does not rise during times of inflation, […]

The major resistance for the Euro stands at the 14548 and 14577 levels. The Weekly Bullish Reversals are at 13913 and 14450. The Monthly Bullish Reversal stands at 14700. The weekly oscillators are still positive and technically that is the top of the channel area. Friday’s closing at 13523 leave some room to the next […]